market research

what are types of data ?

• psychological

• quantitive

• binary

• qualitative

What market research strategy is used BEFORE releasing a new product?

• focus groups

• quantitive

• experimentation

• primary research

focus groups are

• groups of people who are pitched a business idea and are asked for their opinion.

• problems in the industry that are being focused on

• a group of people in an advertisment campaign

• a group of smart people whom are asked lead the company

primary research is ...

• research made in primary schools

• research using surveys or interviews

• research using forms or proportions

• None of the above

Examples of primary research

• survey

• interview

• competition

• all of the above

secondary research is

• using questionaires and surveys to get first hand data from new and existing customers

• doing two surveys or interviews to find out more information about the customer

• searching 2 times for a product online

• identifying trends in a market and using the trends in your business

what is the best platform to do secondary research on among these options

• wikipedia

• tiktok

• netflix

• GCSE pod

What is the process of using current trends for your business idea called?

(no capital spaces in answer and correct spelling)

What type of data is acquired from a large group of people?

(answer without uppercase or special characters)

when companies launch products in specific regions before launching them globally.

It is known as